SBI in talks with RBI to lower cash reserve ratio requirement on green deposits

State Bank of India (SBI) chairman Dinesh Khara is in talks with the Reserve Bank to reduce the cash reserve ratio on green deposits. SBI's green deposit scheme aims to attract long-term retail deposits for green and climate-friendly projects. SBI is also evaluating borrowers based on environmental, social, and governance ratings.


http://dlvr.it/T2qJXw